Allianz Asset Management GmbH Buys 82,562 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Allianz Asset Management GmbH grew its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 207.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 122,388 shares of the company’s stock after buying an additional 82,562 shares during the quarter. Allianz Asset Management GmbH’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,153,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of SHY. Captrust Financial Advisors increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.9% during the 2nd quarter. Captrust Financial Advisors now owns 10,742,829 shares of the company’s stock valued at $890,151,000 after purchasing an additional 502,122 shares during the last quarter. Assetmark Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 123.2% during the second quarter. Assetmark Inc. now owns 7,098,025 shares of the company’s stock valued at $588,142,000 after buying an additional 3,917,307 shares during the last quarter. Bank of New York Mellon Corp raised its position in iShares 1-3 Year Treasury Bond ETF by 4.2% in the third quarter. Bank of New York Mellon Corp now owns 6,703,637 shares of the company’s stock worth $556,134,000 after acquiring an additional 272,758 shares during the period. Mizuho Markets Americas LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 93.4% during the 3rd quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock worth $414,820,000 after acquiring an additional 2,414,144 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 9.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,424,160 shares of the company’s stock worth $373,082,000 after acquiring an additional 380,980 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.86 on Monday. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.87 and a one year high of $83.14. The business has a fifty day moving average price of $82.83 and a 200-day moving average price of $82.85. The firm has a market capitalization of $24.22 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.25 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.6%.

iShares 1-3 Year Treasury Bond ETF Profile

The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund that is based on the U.S. Treasury 1-3 Year index. The fund tracks a market weighted index of debt issued by the US Treasury with 1-3 years remaining to maturity. Treasury STRIPS are excluded. SHY was launched on Jul 22, 2002 and is managed by BlackRock.